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Trade Setup For Sept 22: Nifty Bulls Eye 23,550 Breakout As Sub-$100 Oil Flips Sentiment

Indian equity markets could remain range-bound in Tuesday's session as the Nifty faces a crucial resistance zone around 23,520-23,550 amid persistent geopolitical uncertainty and elevated energy prices. This comes as GIFT Nifty rises 0.34% to 23,519.50 after Brent crude fell below $100. According to Sudeep Shah, Head - Technical and Derivatives Research at SBI Securities, the 23,520-23,550 zone is likely to act as an important resistance area for the Nifty in the near term. "A sustained move above 23,550 could extend the ongoing pullback rally towards the 23,700 mark in the short term," Shah said. On the downside, the 23,330-23,300 zone is expected to provide crucial support. Shah said a breach below 23,300 could weaken the near-term structure and potentially result in the index resuming its corrective trend. Market participants are also keeping a close watch on crude oil prices and geopolitical developments, which could influence the sustainability of the recent re...

Sooryavanshi Handed Leadership Role, Named Vice-Captain In This Tournament

Indian cricket team young sensation Vaibhav Sooryavanshi was named vice-captain of East Zone for the 2026 Duleep Trophy. Wicket-keeper batter Ishan Kishan was appointed captain with the squad comprising of seasoned veterans like Mohammed Shami, Mukesh Kumar, Abhimanyu Easwaran and Shahbaz Ahmed. Sooryavanshi made his senior team debut during the series against England and although he did not have a good outing, he made up for it in the series against Zimbabwe where he slammed two half-centuries. India went on to win all three matches in the series.

Kishan enters the tournament after a strong performance in India's recent white-ball series against Zimbabwe. The left-handed wicketkeeper-batter delivered several aggressive innings at the top of the order, giving India quick starts. His recent form and leadership experience made him the top choice to lead the East Zone side.

All eyes will be on 15-year-old Vaibhav Sooryavanshi, who is rising quickly in Indian cricket after a breakthrough season. The young player recently stood out during India's series against Zimbabwe, showing impressive calm against international bowling while maintaining the strong form he has shown over the past year.

The batting unit also includes Sudip Kumar Gharami, Virat Singh, Suraj Sindhu Jaiswal, Subhranshu Senapati, Denish Das, and Shikhar Mohan. Kumar Kushagra will serve as another wicketkeeping option.

Shami brings valuable experience to the bowling attack as he returns to domestic cricket. He will be backed by Mukesh Kumar and Abhijit Sarkar, with Shahbaz Ahmed and Anukul Roy likely to play important all-round roles.

East Zone squad: Ishan Kishan (captain), Vaibhav Sooryavanshi (vice-captain), Abhimanyu Easwaran, Sudip Kumar Gharami, Shahbaz Ahmed, Suraj Sindhu Jaiswal, Mohammed Shami, Mukesh Kumar, Kumar Kushagra, Shikhar Mohan, Anukul Roy, Virat Singh, Subhranshu Senapati, Denish Das and Abhijit Sarkar.

Stand-by: Ayush Loharuka, Sridam Paul, Sambit S. Baral, Sharandeep Singh, Swastik Samal

(With IANS inputs)



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